YEARLY HIGH
0.3684 BGN
YEARLY LOW
0.2793 BGN
YEARLY AVERAGE
0.3367 BGN

2024 BRL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.3684. Conversely, the yearly low was recorded on December 25, dropping to 0.2793.

This high-to-low spread represents a total annual volatility of 0.0891 BGN. From a start-to-finish perspective, comparing the January average rate of 0.3653 to the December average rate of 0.3051, the exchange rate registered a net change of -16.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3684 was down 2.37% compared to the 2023 peak of 0.3773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 9,210 BGN
2023 Average 9,057 BGN
Yearly Trough Low 6,983 BGN
Transaction Impact: A difference of 2,226.42 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3713
0.2991
JanuMarcMayJulySeptNove

BRL to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3560, compared to 0.3174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 0.3560
H2 Avg (Jul–Dec) 0.3174

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0336 BGN (High: 0.3129 / Low: 0.2793). On the other end, February was the most stable month, with a tight range of 0.0067 BGN (High: 0.3684 / Low: 0.3616).

December Spread (Volatile) ±0.0336
February Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0153 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3650) against the same month in 2023 (average: 0.3530), the exchange rate shifted by +0.0120 (+3.40%).

2024 Avg (February) 0.3650
2023 Avg (February) 0.3530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3679 0.3602 0.3653
February 0.3684 0.3616 0.3650
March 0.3643 0.3576 0.3610
April 0.3596 0.3482 0.3558
May 0.3585 0.3437 0.3522
June 0.3438 0.3262 0.3368
July 0.3338 0.3186 0.3254
August 0.3263 0.3120 0.3195
September 0.3245 0.3127 0.3178
October 0.3268 0.3103 0.3193
November 0.3237 0.3062 0.3171
December 0.3129 0.2793 0.3051